An increase in the supply of capital, which is a substitute to labor, will lead to a decrease in the demand for labor

Indicate whether the statement is true or false

TRUE

Economics

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The biggest advantage of capitalism is that

a. It generates wealth with the help of government intervention b. Prices hinder in moving assets from high-value to low-value uses c. It forces involuntary exchanges d. It creates wealth by letting a person follow his or her own self-interest

Economics

Both college tuition and college textbook prices have increased much more rapidly than inflation has.

Answer the following statement true (T) or false (F)

Economics